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Tax

More transparency rules, less tax avoidance

By Leyla Ates / 12 November, 2018

The European Council has taken important steps to enhance the exchange of information between tax administrations in order to promote tax transparency and fair tax systems in EU countries. This in turn creates a deeper and fairer single market. However, ambiguity in disclosure obligations and a high threshold requirement risks...

How the financial industry mobilised against the European Financial Transaction Tax

By Lisa Kastner / 22 May, 2017

Despite broad post-crisis support in Europe for a financial transaction tax, the financial industry successfully lobbied to water down proposals and delay its implementation. 2017 should be the year when the much-delayed and watered down European Financial Transaction Tax (FTT) is finally implemented – but this is looking increasingly unlikely....